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ruskin ruskin
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Posts: 664
Rep: 12 1
6 years ago
Manufacturing overhead costs incurred for the month are:

Utilities   $15,000
Depreciation on equipment   $25,000
Repairs   $10,000

Which is the correct journal entry assuming utilities and repairs were on account?

A)
Manufacturing Overhead Allocated   50,000
          Accounts Payable Control   25,000
Accumulated Depreciation Control   25,000

B)
Work-in-Process Control   50,000
Accounts Payable Control   50,000

C)
Manufacturing Overhead Control   50,000
Work-in-Process Control   50,000

D)
Accumulated Depreciation Control   25,000
Accounts Payable Control   25,000
Manufacturing Overhead Control   50,000

E)
Manufacturing Overhead Control   50,000
          Accounts Payable Control   25,000
Accumulated Depreciation Control   25,000
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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AllopaAllopa
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This site is awesome
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